Kuwait’s stock exchange IPO will be oversubscribed, says CEO

The sale of half the exchange to local citizens began last month and will end on December 1

UAE economy to gain impetus from Expo 2020, government policies – IMF

IMF hails steps for UAE’s SME strategy, lists sustained growth and diversified economy as key priorities

Dubai’s DFM posts 45% rise in net profit for Q3 2019

Revenues in the third quarter reached Dhs78.1m, compared to Dhs69.5m last year

Abu Dhabi plans to start a commodities exchange next year for Murban oil futures

The platform will reportedly be based in Abu Dhabi’s financial district and operated by Intercontinental Exchange

WhatsApp down for users

UAE may lift ban on WhatsApp calling ‘soon’ – cyber security official

International VoIP services including Skype and WhatsApp calls are currently blocked in the UAE

Sheikh Khalifa re-elected UAE President

The UAE’s Supreme Council re-elected the leader for a fourth five-year term

Aramco sale gets going on Saudi highways and at ATMs

Many Saudis have said they’ve been saving up to buy into the industry

Dubai’s Drake and Scull says previous management ‘hid losses’ from shareholders

DSI said it has already filed 15 criminal complaints against the previous management

Dubai’s Global Village to become ‘world’s first’ 5G-powered entertainment centre

The 24th edition of Global Village opened on October 29

Man armed with a gun threatened to kill himself at Kuwait airport – report

The man has reportedly been arrested by authorities

Safa Al Hashem kuwait

Kuwaiti MP seeks to pass draft law imposing taxes on expat remittances

The law will see expat remittances taxed by up to 5 per cent

Sharjah motorists will soon be able to book parking slots via mobile phones

The smart parking initiative will begin as a three-month pilot programme

UAE announces Covid protocols for Eid Al Adha

UAE confirms holiday date for Prophet’s birthday

Public and private sector workers will have a day off to mark the occasion

New Etihad-Air Arabia low cost airline aims to fill India void

The future carrier will take over most of the 100 slot pairs for the market held by Etihad after ally Jet failed this year

Saudi-backed Yemen peace deal switches focus to ending wider war

An agreement was signed between the Southern Transitional Council and the Yemeni government in Riyadh

Saudi sees strongest non-oil pickup in years, but job market stagnates

Business conditions in the kingdom’s non-oil private sector improved last month at the fastest pace since August 2015

UAE Carrefour stores to soon remove plastic bags as part of Majid Al Futtaim eco-plan

The company plans to phase out single-use plastic across all its units by 2025

Everything you need to know about visiting Saudi as a tourist

With its blend of cultural richness and strong heritage, Saudi Arabia opens its doors to the world

Abu Dhabi creates one of the biggest defence groups in the Middle East

The new holding firm called Edge will have 25 companies under its umbrella

social media

Social space: A roundup of all the social media news from the GCC in October

Fadi Khater, founder and managing partner of digital marketing agency Netizency, provides an overview of social media trends in the region

The latest phase of the #DubaiDestinations campaign,

Dubai Police alerts residents on rough sea conditions

Dubai Police urges residents not to swim alone due to the possibility of rough seas

Up to 67% of UAE managers denied an employee a promotion in the past three years

Lack of technical skills and leadership potential were cited as the main reasons that employees were denied promotions

UK approves 99% of Emirati visa applications

UAE nationals were issued 5,940 UK visas between July 2017 and June 2018

UAE now ranks sixth worldwide for oil and gas reserves

Abu Dhabi’s ADNOC has discovered new oil and gas reserves

Four-year-old dies in accident outside her school in Dubai

The girl and her mother were struck by a reversing car in the parking area

Wrestling group WWE inks deal for Saudi events

The partnership with the Saudi General Entertainment Authority runs through 2027

sabic

Saudi Aramco delays payment on SABIC acquisition by four years

The transaction is set to close in the first half of 2020

Saudis save up for Aramco share sale

Everyone is being encouraged to invest in the kingdom’s most important asset

Tickets for Dubai Expo 2020 will go on sale next year

Expo organisers have signed up more than 1,000 authorised ticket resellers across the world

UAE levies new rules on mobile app store purchases

New rules, protecting consumers in the UAE, are applicable from November 1